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Sheng Siong awards long-serving staff members with gold coins
In recognition of their loyalty, local supermarket chain Sheng Siong has awarded its long-serving employees with gold coins. Sheng Siong…
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Sheng
Business
Stocks to watch: CapitaLand Ascott Trust, Sheng Siong, Sunpower, Wee Hur, Nordic
The following companies saw new developments that may affect trading of their securities on Friday (Dec 5): CapitaLand Ascott Trust…
Business
CapitaLand Ascott Trust, Sheng Siong Group to replace Olam Group, Yangzijiang Financial on STI reserve list
Hospitality player CapitaLand Ascott Trust and supermarket chain operator Sheng Siong Group will be joining the Straits Times Index’s…
Business
Sheng Siong ends 6.5% higher at record closing price on improved Q3 earnings
The surge comes amid higher third-quarter net profit and its recent expansion moves Shares of supermarket operator Sheng Siong rose on…
Business
Stocks to watch: Wilmar International, Yangzijiang Financial, Sheng Siong, CapitaLand India Trust
The following companies saw new developments that may affect trading of their securities on Friday (Oct 31): Wilmar International: It…
Business
Sheng Siong reports 12% increase in Q3 earnings to S$43.7 million
Revenue is up 14.4% for period, mainly driven by an increase in the number of stores Sheng Siong reported a 11.9 per cent increase in…
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Sheng Siong to move HQ, warehouse to Sungei Kadut to support long-term growth
Supermarket operator Sheng Siong will move its headquarters, warehouse and distribution centre to a new site in Sungei Kadut to support…
Business
Stocks to watch: SingPost, CapitaLand Integrated Commercial Trust, Wilmar, Sheng Siong
The following companies saw new developments that may affect trading of their securities on Friday (Sep 26): Singapore Post (SingPost):…
Business
Stocks to watch: Keppel, Jardine C&C, Seatrium, Mapletree Pan Asia Commercial Trust, Mapletree Logistics Trust, Sheng Siong
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 31): Keppel: Asset manager…
Business
Sheng Siong H1 net profit rises 3.5% to S$72.3 million on improved sales mix
Supermarket operator Sheng Siong reported a 3.5 per cent increase in H1 2025 net profit to S$72.3 million, from S$69.9 million in H1 2024…
Business
Maybank initiates coverage on Sheng Siong with ‘buy’ call on DFI sale of Singapore supermarkets
Maybank has initiated coverage on supermarket operator Sheng Siong, assigning it a “buy” call and a target price of S$2.30. This…
Business
DBS raises target price for Sheng Siong on steady earnings growth, margin superiority
DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and…
Business
Stocks to watch: Wilmar, ST Engineering, Sheng Siong, Starhill Global Reit, FEHT, CDLHT, First Reit, IReit Global
The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 30). Wilmar International: The…
Business
Sheng Siong CEO Lim Hock Chee’s compensation for FY2024 jumps 20.6% to S$7.06 million
Supermarket operator Sheng Siong’s chief executive officer Lim Hock Chee received S$7.06 million in total compensation for FY2024, an…
Business
Brokers’ take: RHB raises Sheng Siong price target to S$2 on earnings growth momentum
RHB on Wednesday (Oct 30) raised its price target for Sheng Siong to S$2 from S$1.88 and kept its “buy” call on the counter. The new price…
Business
F&B, grocery players like Sheng Siong, DFI still whet appetite of investors
DESPITE a fiercely competitive environment, Singapore-listed food and beverage (F&B) players are still a draw for investors. The thirst…
Business
Stocks to watch: Nio, Sheng Siong, Manulife US Reit
THE following companies saw new developments that may affect trading of their securities on Monday (Sep 30): Nio Inc: The Chinese…